Welltower (NYSE:WELL) Price Target Raised to $237.00 at Wells Fargo & Company

Welltower (NYSE:WELL) had its target price hoisted by equities researchers at Wells Fargo & Company from $228.00 to $237.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 18.16% from the company’s previous close.

WELL has been the topic of several other research reports. Scotiabank upped their target price on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Morgan Stanley upped their target price on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. KeyCorp upped their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $231.60.

Welltower Stock Down 2.3%

WELL traded down $4.76 on Monday, hitting $200.57. 674,848 shares of the company were exchanged, compared to its average volume of 3,185,699. Welltower has a 12 month low of $148.60 and a 12 month high of $221.68. The company has a market cap of $141.59 billion, a PE ratio of 99.30, a PEG ratio of 1.06 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The stock’s fifty day moving average is $208.54 and its 200-day moving average is $200.71.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company posted $1.20 earnings per share. Welltower’s revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts predict that Welltower will post 6.32 EPS for the current fiscal year.

Institutional Trading of Welltower

Institutional investors and hedge funds have recently bought and sold shares of the business. Hager Investment Management Services LLC raised its stake in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares during the period. Leonteq Securities AG raised its stake in Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the period. Sound Income Strategies LLC raised its stake in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares during the period. Marquette Asset Management LLC increased its stake in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Finally, Swiss RE Ltd. bought a new position in shares of Welltower during the fourth quarter worth approximately $29,000. Institutional investors own 94.80% of the company’s stock.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.